Real Estate Platform Driving Social Impact
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As MIPIM 2025 concluded in Cannes, one message stood out: housing markets worldwide are facing complex and evolving challenges. With over 20,000 delegates from 90 countries, representing €4 trillion in assets under management, the event offered a comprehensive look at where the real estate industry is headed—and where urgent attention is needed. For Norway and the Nordics, many of these global insights resonate strongly. The pressures on affordability, demographic changes, and the search for more sustainable housing models are as relevant here as anywhere else. But within these challenges lies the opportunity to rethink how we deliver housing in the future.

The Norwegian residential real estate market has started 2025 with remarkable price growth. In January alone, housing prices increased by 4.4% compared to December 2024, contributing to a 7.3% rise over the past year. While homeowners and investors may view this as a positive trend, the situation reveals an underlying crisis: a severe housing shortfall fueled by declining construction activity, rising costs, and regulatory inefficiencies. With rate cuts on the horizon, the imbalance between demand and supply could further accelerate price increases, making homeownership increasingly difficult for first-time buyers and young families.

Housing affordability remains a pressing issue in Norway, particularly for essential workers such as nurses. The Sykepleierindeks, which measures the percentage of homes an average nurse can afford, highlights the ongoing affordability crisis. With high property prices, rising interest rates, and constrained housing supply, many nurses struggle to enter the housing market. This article examines the latest developments in the Sykepleierindeks, the broader housing market challenges, and potential solutions to improve access to homeownership.